What is Chart Not Prepared status in Indian Railways?

The last booking chart for a train will be done at least 4hrs prior to the schedule departure of the train at origination station.
But in reality charts have been getting prepared 1 or 2 hrs prior to the actual departure of the train.
In situation of early morning or late evening trains, this might be prepped considerably earlier during the previous night itself.
Your booking standing might change any time till chart is prepared.
Though quite uncommon, it is possible that an RAC ticket can change to wait-listed status.
It is also possible that booking relocated from WL to CNF can return to RAC or WL.
However none of this will certainly not happen for a ticket which was CNF while Booking itself.

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